Amer Sports (Amer Sports) Effective Interest Rate on Debt % : 6.03% (As of Mar. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Amer Sports Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Amer Sports's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $273 Mil. Amer Sports's average total debt for the quarter that ended in Mar. 2024 was $4,531 Mil. Therefore, Amer Sports's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 6.03%.

Amer Sports Effective Interest Rate on Debt % Historical Data

The historical data trend for Amer Sports's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Amer Sports Effective Interest Rate on Debt % Chart

Amer Sports Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

3.72

4.00

3.89

6.23

Amer Sports Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial					5.36	6.07	6.65	6.93	6.03

Competitive Comparison of Amer Sports's Effective Interest Rate on Debt %

For the Leisure subindustry, Amer Sports's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Amer Sports's Effective Interest Rate on Debt % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Amer Sports's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Amer Sports's Effective Interest Rate on Debt % falls into.

Amer Sports Effective Interest Rate on Debt % Calculation

Amer Sports's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2022 )	+	Total Debt (A: Dec. 2023 ))	/ count )
=	-1 * -401.7	/	( (6236	+	6661.2)	/ 2 )
=	-1 * -401.7	/	6448.6
=	6.23 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5964.2	+	271.8
=	6236

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6190.8	+	470.4
=	6661.2

Amer Sports's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -273.2	/	( (6661.2	+	2400.9)	/ 2 )
=	-1 * -273.2	/	4531.05
=	6.03 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6190.8	+	470.4
=	6661.2

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2301	+	99.9
=	2400.9

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Amer Sports (NYSE:AS) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.

Amer Sports Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Amer Sports's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Amer Sports (Amer Sports) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Amer Sports Inc (NYSE:AS) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

Amer Sports Inc. is a group of sports and outdoor brands, including Arc'teryx, Salomon, Wilson, Atomic, and Peak Performance. It has three reportable segments: Technical Apparel, Outdoor Performance as well and Ball & Racquet Sports. Technical Apparel includes outdoor apparel, footwear, and accessories and consists of the Arc'teryx and Peak Performance brands, Outdoor Performance includes outdoor apparel, footwear, accessories, and winter sports equipment and consists of our Salomon, Atomic, Armada, and ENVE brands, Ball & Racquet Sports includes sports equipment, apparel and accessories and consists of our Wilson, Louisville Slugger, DeMarini, EvoShield, Atec and Luxilon brands, all of which comprise the Wilson Sporting Goods portfolio. Max revenue is generated from Outdoor Performance.

Amer Sports (Amer Sports) Headlines

From GuruFocus

Amer Sports, Inc. Announces Launch of its Initial Public Offering

By Business Wire • 01-22-2024